RE: Shorters7 Jun 2019 11:54
Yes they cascade the drop and fukc your investment, (a) big boys take out a large short, (b) the price quivers, (c) a few stops losses trigger, (d) PI's notice a drop and panic sell, (e) more Big boys jump on the band wagon, (f) II's start to reduce, (g) following day your mates advertise it in the paper, (h) the process starts all over again. Not exactly a 50/50 bet as it would be for a PI. Should be banned. We already have a market reporting system, we don't need them to screw our investments with insider rumours, but that is what happens so many times. Try making multiple single figure trades one morning and see how long it is before you get blocked for trying to manipulate the price, second thoughts don't, you would be in court quicker than a 2008 banker or a lying politician.